← All concepts
Mental model

Rich vs King

Choose: maximize wealth (sell control) or maximize control (stay king) — pretending you can do both kills companies.

via Noam Wasserman (The Founder's Dilemmas)

The trade-off the hosts invoke for every founder agonizing over selling, raising, or hiring a CEO.

Heard in 1 episode
Moments over time
1 total · by year · across the episodes
’19’20’21’22’23’24’25’261
1
moments
0
numbers
1
episodes
1
mentions
By type
1
  • Story1 · 100%
By speaker
1
  • Guest1 · 100%
By topic
2
  • Investing1 · 50%
  • SaaS / Software1 · 50%

In their words

1 linked moments
Story

Be rich, not king: HubSpot's founders chose to swing for the fences

Dharmesh and Brian agreed from day one they didn't want a single or double — at every fork they'd take the path with the higher chance of a spectacular outcome, accepting they might crash and burn. They weren't worried about dilution or control; they wanted to be rich, not king.

we didn't want a single or double hit, right? We wanted to swing for the fences. And either we do this and we're good at every point that we have a decision to make, a fork in the road, we are going to take the one that gives us a higher chance of being the spectacular outcome, even if that means we're possibly going to go down in crashing, burning flames, right?
EP 197 · 1:09:30 · DHARMESH SHAH
Read at 1:09:30
mfmindex.com№ 0197-4170